NOT LISTED FOR SALE

550 Lancaster Place Frederick, MD 21703

Frederick Heights/Overlook Neighborhood

Estimated Value: $326,000 - $341,000

3 Beds
1.5 Baths
1,160 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $223,300 $192 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,266/month

Highlights

  • Gourmet Country Kitchen
  • Open Floorplan
  • Living Room
  • Frederick High School Rated A-
  • Colonial Architecture
  • Shed

About This Home

As of June 2017

Another sought-after end unit released for sale in Willow Bend Own a completely renovated home for less than the cost of renting! 150 homes are being renovated and sold! Top of the line stainless appliances, wood floors, granite, ceramic tile, new cabinets, fresh paint and more. Down payment assistance and grants are available. Visit the model home at 499 Arwell Ct every Sat & Sun 11-5

Last Agent to Sell the Property

Michael Muren

Long & Foster Real Estate, Inc. Listed on: 03/08/2017

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Michael Muren

Long & Foster Real Estate, Inc. Listed on: 03/08/2017

Long & Foster Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,343

Year Built

  • Built in 1988

Lot Details

  • 2,477 Sq Ft Lot
  • 1 Common Wall
  • Property is in very good condition

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 1 Assigned Parking Space

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Gourmet Country Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Outdoor Features

  • Shed

Schools

  • Hillcrest Elementary School
  • West Frederick Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Willow Bend Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1102147157

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,343

Year Built

Built in 1988

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1988
  • Remarks Public: Another sought-after end unit released for sale in Willow Bend Own a completely renovated home for less than the cost of renting! 150 homes are being renovated and sold! Top of the line stainless appliances, wood floors, granite, ceramic tile, new cabinets, fresh paint and more. Down payment assistance and grants are available. Visit the model home at 499 Arwell Ct every Sat & Sun 11-5
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Kitchen - Gourmet, Kitchen - Country, Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Floor Plan - Open
  • Window Features: Insulated
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen
  • Basement: No
  • Living Area Units: Square Feet
  • Street Number Modifier: 550

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Shed
  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 1
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Refuse: 88.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Central, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 40.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: FREDERICK COUNTY PUBLIC SCHOOLS
  • Elementary School: HILLCREST
  • Middle School: WEST FREDERICK
  • School District Key: 121139693024
  • Elementary School: HILLCREST
  • Middle Or Junior School: WEST FREDERICK

Lot Info

  • Improvement Assessed Value: 139100.00
  • Land Assessed Value: 40000.00
  • Lot Size Acres: 0.06
  • Lot Size Area: 2477
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2477.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: R12
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11508489
  • Tax Annual Amount: 1342.83
  • Assessor Parcel Number: 1102147157
  • Tax Lot: 1
  • Tax Total Finished Sq Ft: 1160
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 06/30/2017

MLS Schools

  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Jun 30, 2017
Sold by
Alban Place Limited Partnership
Bought by
Wilkinson Daniel C
Seller's Agent
Michael Muren
Long & Foster Real Estate, Inc.
Buyer's Agent
Michael Muren
Long & Foster Real Estate, Inc.
List Price
$223,300
Sold Price
$223,300
Current Estimated Value
$335,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,284
Avg. Annual Appreciation
5.08%
Original Mortgage
$219,254
Outstanding Balance
$182,504
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$152,287
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilkinson Daniel C $223,300 Frederick Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson Daniel C $6,831
Open Wilkinson Daniel C $219,254
Closed Wilkinson Daniel C $5,000
Previous Owner Alban Place Limited Partnership $10,271,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $223,300 0.0% $193 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $223,300 -- $193 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,810 $275,200 $85,000 $190,200
2024 $4,810 $257,633 $0 $0
2023 $4,363 $240,067 $0 $0
2022 $4,036 $222,500 $75,000 $147,500
2021 $3,512 $208,033 $0 $0
2020 $3,512 $193,567 $0 $0
2019 $3,255 $179,100 $40,000 $139,100
2018 $2,637 $142,900 $0 $0
2017 $1,972 $179,100 $0 $0
2016 $1,363 $70,500 $0 $0
2015 $1,363 $70,500 $0 $0
2014 $1,363 $70,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Muren

    Seller's Agent in 2017

    Michael Muren

    Long & Foster Real Estate, Inc.

    (301) 524-4471

    3 in this area

    298 Total Sales

    Michael Muren
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Map

Source: Bright MLS

MLS Number: 1001219277

Bright MLS

APN: 02-147157

Maryland Frederick County Frederick 21703 Frederick Heights/Overlook

550 Lancaster Place, Frederick, MD

This home is located at 550 Lancaster Place, Frederick, MD 21703 since 08 March 2017 and is currently estimated at $335,584, approximately $289 per square foot. This property was built in 1988. 550 Lancaster Place is a home located in Frederick County with nearby schools including Hillcrest Elementary School, West Frederick Middle School, and Frederick High School.

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